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You have a portfolio worth $98,500 that has an expected return of 11.7 percent. The portfolio has $18,300 invested in Stock O, $26,100 invested in
You have a portfolio worth $98,500 that has an expected return of 11.7 percent. The portfolio has $18,300 invested in Stock O, $26,100 invested in Stock P, with the remainder in Stock Q. The expected return on Stock O is 16 percent and the expected return on Stock P is 12.7 percent. What is the expected return on Stock Q?
11.39%
13.47%
10.65%
11.70%
9.76%
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